Product |
Price |
Price change |
Sales term |
45% molybdenum ore (Liaoning) |
RMB 3,670/mt ($518/mt) |
- RMB 30/mt |
Ex-works |
FeMo60 ferromolybdenum (Liaoning) |
RMB 245.000/mt ($33.321/mt) |
+ RMB 9,000/mt |
Ex-works |
The local Chinese market price includes 13 percent VAT.
Exchange rate fluctuations are taken into consideration when calculating the weekly price changes.
$1 = RMB 7.0875
Source: Steelhome